UPDATE: I communicated with Matt Cutts about this post, and here is a portion of what he said in response:
“PageRank option for IE toolbar is available under Toolbar Options (click on wrench icon on right) -> Privacy -> Enhanced features.
You can Turn ON/OFF PageRank by checking/unchecking “Use PageRank to see Google’s view of the importance of a page” option.”
So this means that the current page of instructions on how to enable PageRank in the toolbar is inaccurate. I have asked him when this will be updated and will let you know when I get a response.
I was working on an article this morning and wanted to get a screen shot of the Google Toolbar showing PageRank. I normally use Chrome, so I don’t use the Google Toolbar, and the Chrome extension I was using did not show a nice little green bar which is what I wanted for my post. The first thing I did is I opened up Internet Explorer and went to the page to install the Google Toolbar. The install went as expected. So far, so good.
However, I began fishing around in the options menu to find out where to click the box to enable the PageRank meter. I couldn’t find it. Next up, I went to the Google Support Forums to see what I was doing wrong. Here is their page on how to enable the PageRank meter:. The screen shot shows where the checkbox is to enable the feature resides: